{"url_path":"/sec/avai/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 Security Ownership of Certain Beneficial","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/1740797/0001740797-26-000017-index.html","accession_number":"0001740797-26-000017","cik":"0001740797","ticker":"AVAI","issuer_name":"AVAI BIO, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1740797/0001740797-26-000017-index.html","primary_entity_key":"0001740797","primary_entity_name":"AVAI BIO, INC."},"word_count":269,"has_tables":true,"body_markdown":"**Item 12. Security Ownership of Certain Beneficial\nOwners and Management and Related Stockholder Matters.**\n\n \n\nThe following\ntable sets forth certain information as of July 14, 2026, concerning the number of shares of common stock beneficially owned by: (i)\neach person (including any group) known to us to own more than five percent (5%) of any class of our voting securities, (ii) our\ndirector, and or (iii) our officer.  Unless otherwise indicated, the stockholder listed possesses sole voting and investment\npower with respect to the shares shown.\n\n \n\n \n \n \n \n \n \n \n\n**Title of Class**\n \n**Name and Beneficial Owner**\n \n**Amount and Nature of Beneficial Ownership**\n \n**Percentage**\n\n \n \n \n \n \n \n \n\nCommon Stock\n \nMikhail Bukshpan\n \n7,900,000\n \n5.13%\n\nCommon Stock\n\nCommon Stock\n\nCommon Stock\n\nCommon Stock\n\nCommon Stock\n\nCommon Stock\n\n \n\nIvan Lunegov\n\nAndrii Kokliushyn\n\nProspera LLC\n\nNatalija Tunevic\n\nVitalis Racius\n\nChris Winter\n\n \n\n9,904,994\n\n12,459,000\n\n10,385,662\n\n1,000,000\n\n3,812,006\n\n567,000\n\n \n\n6.44%\n\n8.1%\n\n6.75%\n\n0.65%\n\n2.48%\n\n0.39%\n\nPreferred Stock\n \nNatalija Tunevic\n \n6,000,000\n \n53.1%*)\n\nPreferred Stock\n \nVitalis Racius\n \n5,300,000\n \n46.9%*)\n\nPreferred Stock\n\nSeries A\n\n \nALTHA LLC\n \n3,050\n \n100%***)\n\n \n\nThe percent of class is based on 153,916,565 shares\nof common stock, 11,300,000 of preferred stock and 3,050 of series A preferred stock issued and outstanding as of the date of this annual\nreport\n\n** **\n\n***)**Voting right 5 to 1.\n\n****)**agreed to a lock-up period of nine (9)\nmonths from April 2023\n\n***) Voting on an as converted basis, subject to 4.99%\nBlocker of beneficial ownership\n\n \n\nNo Director, executive officer, affiliate or any owner\nof record or beneficial owner of more than 5% of any class of voting securities of the Company is a party adversary to the Company or\nhas a material interest adverse to the Company."}